NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 1006, The Palac Myrtle Beach, SC 29577

Estimated Value: $154,640 - $168,000

1 Bed
1 Bath
341 Sq Ft
$413/mo HOA Fee

Last Sold July 22, 2022

Last sale price $117,900 $346 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,479/month

1 Day on Market

Highlights

  • Clubhouse
  • Community Indoor Pool
  • Lawn
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Balcony

About This Home

As of July 2022

This is a well maintained efficiency ocean view unit located in desirable Palace Resort. The Resort has wide range of amenities : large ocean front pool outdoor pool, indoor pool, whirlpools, an excersise room, onsite lounge and a restaurant, a putting green and more! The location is perfect- close to the best Myrtle Beach's fine dining, golf courses, shopping, and entertainment. Call for more details today!

Last Agent to Sell the Property

Darya Wojtyra

Beach One Realty LLC License #83146 Listed on: 06/16/2022

Last Buyer's Agent

Sam Bamrick

Palmetto Properties SC License #109078

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,055

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 341 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Lawn

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,055

Year Built

Built in 1986

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 413
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 06/16/2022
  • Sold Total Heated Sq Ft: 341
  • Sold Total Sq Ft: 380
  • Total Heated Sq Ft: 341
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 10
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Furnished
  • Primary Bathroom: Tub, Shower, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range
  • Bedrooms: Efficiency
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 380

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 21, 2022
Sold by
Malik Suzanne
Bought by
Bernowski Terry A
Seller's Agent
Darya Wojtyra
Beach One Realty LLC
Buyer's Agent
Sam Bamrick
Palmetto Properties SC
List Price
$114,900
Sold Price
$117,900
Premium/Discount to List
$3,000
2.61%
Current Estimated Value
$160,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,760
Avg. Annual Appreciation
12.69%

Purchase Details

Listed on
Oct 12, 2012
Closed on
Mar 8, 2013
Sold by
Nunn Shiloh H
Bought by
Malik Suzanne
Seller's Agent
Victoria Wells
RE/MAX Southern Shores GC
Buyer's Agent
Ryan Korros
RE/MAX Southern Shores
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Jun 6, 2011
Sold by
Branch Banking & Trust Co
Bought by
Nunn Shiloh H

Purchase Details

Closed on
Mar 23, 2011
Sold by
Master In Equity Horry County
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
May 26, 1999
Sold by
Denny John S
Bought by
Lathan Alice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,920
Interest Rate
6.94%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bernowski Terry A $117,900 --
Malik Suzanne $50,000 --
Nunn Shiloh H $40,000 --
Branch Banking & Trust Co -- --
Lathan Alice F $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lathan Alice Faye $60,000
Previous Owner Lathan Alice F $47,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $117,900 +2.6% $346 / Sq Ft
06/16/2022 06/16/22 For Sale $114,900 +129.8% $337 / Sq Ft
03/07/2013 03/07/13 Sold $50,000 -23.0% $111 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $64,900 -- $144 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,055 $6,405 $0 $6,405
2023 $2,055 $6,405 $0 $6,405
2021 $989 $6,405 $0 $6,405
2020 $1,085 $6,405 $0 $6,405
2019 $943 $6,405 $0 $6,405
2018 $878 $5,775 $0 $5,775
2017 -- $5,775 $0 $5,775
2016 -- $5,775 $0 $5,775
2015 $858 $2,200 $0 $2,200
2014 $834 $2,200 $0 $2,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2213580

Coastal Carolinas Association of REALTORS®

APN: 44314040304